Good Afternoon, Traders! Welcome to Today’s Live Trading Session The USD Index wrapped up yesterday with a bearish close, sliding from 100.90 to 100.48. Currently, it seems to be making another attempt at the 100.80 level after briefly testing...
Wolfe Wave Definition The price action consists of five-wave patterns telling supply and demand as price struggles to get to an underlying equilibrium price by bouncing off support and resistance levels. The harmonic pattern was introduced by an ...
What Is Swing Trading? If you remember from our , depending on the market that is traded, a day trade is a trade that is opened and closed within the same day or the same trading session. So what is a swing trade? A swing trade is a trade that...
Trade Analysis and Tips for Trading the Japanese Yen The price test of 144.60 occurred when the MACD indicator had already moved significantly down from the zero mark, which limited the further downward potential of the pair. For this reason, I did...
The EUR/JPY pair maintained a relatively stable position around the 161.60 level during early European trade on Tuesday. The Japanese yen's weakness, primarily driven by uncertainty surrounding the Bank of Japan's (BOJ) monetary policy stance,...